Amity Shlaes author of "The Forgotten Man" on The Alcove

Amity Shales discusses her bestselling book on the history of The Great Depression The Forgotten Man. Shlaes is a syndicated columnist and a Senior Fellow at The Council on Foreign Relations. In this discussion she helps put our current global economic crisis in perspective by providing a new context on what worked and what didnt work to fix The Great Depression of the 1930s.

Category:

News & Politics

Tags:

• Alcove
• Mark
• Molaro
• Janet
• Lawler
• Amity
• Shlaes
• Forgotten
• Man
• Great
• Depression
• Hoover
• FDR
• Roosevelt
• economiccrisisrecession

[demented669]

CFR propaganda ! the depression was caused by the FED and the big banks to lower the value of the companies of the time so they can go in and buy them for pennies on the dollar just like what happens now !

we need to stop this machine of fraud and bring back the GREEN BACK !

giving private banks the right to print our money and charge us for that right is insane !

[mprat001]

Those who do not learn from history are doomed to re-write it ...

[glorp896]

@demented669 the debt very obviously needs to be zeroed out, to what extent i don't know, but i know the richest people SHOULD NOT BE PAID BACK, they can stay rich, but they won't milk us anymore... ZERO THE DEBT!

[glorp896]

@flanksteak1 if we had a standard, not necessarily fixed, but having money backed by gold and silver, then we wouldn't have another in an ongoing series of failed fiat monies like around the world in history... THEY ALL FAIL, all money backed by NOTHING fails... the dollar has lost over 90% of its value...

[glorp896]

@S2Cents Shlaesy?

[johnywinslow]

history repeats, so lets look at what individuals could do back then to protect their welth and families and apply it to our lives today! You can learn history or you can turn on american idol. Its up to you!

[zebratangozebra]

I think she is a babe !

An intelligent babe !

[solidarity4]

The Labor Movement of the 1920's was hurt by the American Plan, so it wasn't a good decade for the wage-earners.

[demented669]

So i take it you think it's ok for a private owned bank to have a monopoly on the flow of money over a country, what branch of Government appoints members to the board of the Fed...?

why are the names of the share holders secret ?

if you are happy living in a banking dictatorship nothing i can say will change you mind so have a nice life.

[flanksteak1]

Do you think that your life would be better under a Gold Standard, if so why?

What point in History are you using as your reference and why were things better then than they are today?

[demented669]

you can not pay back a debt when the people who make the money want you to pay back that debt with the same money, if a country makes it's own money and then backs it with lets say gold (Why do you think fort Knox was built for?)or by it's exports = income then any debt can be payed back

i loan you 10 but want 12 back and you can only get this money from me your debt is never ending ill give you 12 but then you own me 14 and so on and on...

[flanksteak1]

What leads you to believe that the government is paying interest to private banks?

Is it because foreign countries own most of our debt or because you have never purchased a treasury bond?